1-bed · 801 sqftMarina Pinnacle Tower, Dubai Marina · 16th floor · completed 2011

1601, Marina Pinnacle Tower

Sold prices and rental history: sold 4 times, last in December 2016, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1601 · DLD and Ejari recordsUpdated 15 December 2016
Last soldAED 1M15 December 2016
Current rentAED 75K /yr20 December 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1601, Marina Pinnacle Tower

What is 1601 worth today?

Last sold for AED 1,000,000 in 2016

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15 Dec 2016SoldReady
AED 1,000,000AED 1,247 per sqft
28 Nov 2016SoldReady
AED 1,101,000AED 1,373 per sqft
26 Jan 2015SoldReady
AED 1,109,514AED 1,384 per sqft
20 Dec 2014RentedNew contract
AED 75,000/yr12 months · AED 94 per sqft
1 Nov 2013RentedNew contract
AED 70,000/yr12 months · AED 88 per sqft
25 Apr 2009Sold by developerOff-plan
AED 1,109,514AED 1,384 per sqft

Source: Dubai Land Department. Updated 15 December 2016.

Key facts

Type
1-bed apartment
Size
801 sqft
Floor
16th of 67
Parking
B3-157
Developer
Tiger Properties
Completed
2011
Service charge
AED 13,400 /yr
Last sold
AED 1M · December 2016

About 1601, Marina Pinnacle Tower

1601 is a one-bedroom apartment of 801 sqft on the 16th floor of Marina Pinnacle Tower, a 67-storey tower in Dubai Marina completed in 2011 by Tiger Properties. It last sold on 15 December 2016 for AED 1,000,000, or AED 1,247 per sqft, 19% above the AED 1,050 one-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 20 December 2014, is AED 75,000 a year: a gross yield of 7.5% on the 2016 price, before the service charge of about AED 13,400 a year.

Sales and rents for 1601 over time

Sales
Unit 1601, each saleTypical one-bed in Marina Pinnacle Tower
500K1M2009201420192024Typical sale price by year: 2009 AED 750,984; 2010 AED 1,215,496; 2011 AED 746,005; 2012 AED 721,388; 2013 AED 825,000; 2014 AED 985,000; 2015 AED 930,000; 2016 AED 860,000; 2017 AED 850,000; 2018 AED 800,000; 2019 AED 630,000; 2020 AED 520,000; 2021 AED 587,500; 2022 AED 662,500; 2023 AED 755,000; 2024 AED 962,500; 2025 AED 1,030,000; 2026 AED 945,000Sold by developer, April 2009: AED 1,109,514 (AED 1,384 per sqft)Sold, January 2015: AED 1,109,514 (AED 1,384 per sqft)Sold, November 2016: AED 1,101,000 (AED 1,373 per sqft)Sold, December 2016: AED 1,000,000 (AED 1,247 per sqft)

1601 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1601, each contractTypical one-bed in Marina Pinnacle Tower
40K60K80K2012201620202024Typical rent by year: 2012 AED 55,000; 2013 AED 63,500; 2014 AED 75,000; 2015 AED 80,000; 2016 AED 80,000; 2017 AED 74,300; 2018 AED 65,000; 2019 AED 55,500; 2020 AED 47,000; 2021 AED 44,000; 2022 AED 54,000; 2023 AED 63,000; 2024 AED 75,000; 2025 AED 77,000; 2026 AED 80,650New contract, November 2013: AED 70,000 a yearNew contract, December 2014: AED 75,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Marina Pinnacle Tower, and where 1601 sits

All 420 1-beds →

1601 last sold in December 2016 at AED 1,247 per sqft, 19% above what one-beds in Marina Pinnacle Tower were fetching at the time (AED 1,050). Over the last 12 months one-beds sold for AED 820,000 to 1,123,570, around AED 1,198 per sqft, and rent for AED 25,000 to 180,000 a year. 1601's AED 75,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
12 Oct 2026919,789,428
8 Oct 2026916,038
1 Oct 2026896,873
25 Aug 2026945,000
7 1-bed sales in the last 12 months

Marina Pinnacle Tower

Building

751 apartments, 1-bed to 3-bed over 67 floors in Dubai Marina, completed in 2011 by Tiger Properties. 18 sold in the last 12 months.

Typical price per sqft
AED 1,155 Down 7.1%
Typical sale
AED 1.19M
Typical rent
AED 90K /yr
Typical yield
8.5%
Marina Pinnacle Tower, Dubai Marina: prices, sales and rents →

Other units on the 16th floor

All 751 units in Marina Pinnacle Tower
Value
16022-bedAED 1.13M · Oct 2013
16031-bedAED 1.1M · Sep 2023
16041-bedAED 1.2M · Feb 2014
16051-bedAED 670K · Dec 2012
16062-bedAED 2M · Mar 2022
16071-bedAED 950K · May 2016
16081-bedAED 1.5M · Oct 2013
1–7 of 13

1601, Marina Pinnacle Tower in numbers

  • Sold 4 times: first on 25 April 2009 for AED 1,109,514, last on 15 December 2016 for AED 1,000,000 (AED 1,247 per sqft).
  • Rented since November 2013 on 2 Ejari contracts, from AED 70,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2016 price is 7.5%, before a service charge of about AED 13,400 a year (AED 16.77 per sqft).
  • One-beds in Marina Pinnacle Tower sold for AED 820,000–1,123,570 in the 12 months to November 2026; the building's median across all types is AED 1,155 per sqft.

Source: Dubai Land Department. Updated 15 December 2016.

Questions about 1601, Marina Pinnacle Tower

What did unit 1601 last sell for?

AED 1,000,000 on 15 December 2016: AED 1,247 per sqft for 801 sqft. The unit has 4 registered sales; the first was AED 1,109,514 in April 2009.

What is the rent for unit 1601?

AED 75,000 a year on the contract signed on 20 December 2014. The previous contract, from November 2013, was AED 70,000.

How big is unit 1601?

801 sqft (74.4 sqm): a one-bedroom apartment on the 16th floor of a 67-storey tower completed in 2011.

What is unit 1601 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Marina Pinnacle Tower sold for AED 820,000 to 1,123,570 in the last 12 months, around AED 1,198 per sqft.

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Mortgage on 1601, Marina Pinnacle Tower

Starts from the last sale price (AED 1M, 15 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →